South Korea just recently approved a carbon tax by a vote of 148-0

Yes you heard that right-- South Korea has passed a carbon taxing strategy by a vote of 148-0! It is a downright shame that we here in America are letting the folks in South Korea outdo us in carbon taxing carbon emissions! Where is your American ingenuity now that we have let South Korea out do us? By the way, South Korea is the world's 5th largest emitter of greenhouse gases.

This news comes on the heels of Mexico passing its National Climate Law. All they were awaiting in Mexico is the signature of their President as their House and Senate has already approved such. The Mexican Senate passed their bill by similar margins, getting a 78-0 vote, and their House passed it by a margin of 280-10.

I am very ashamed of the political process here in the Unites States because we have so far been unable to implement a similar strategy as these two nations have done!

As per the first linked article: "The legislation is set to go into effect in 2015 and would cap the carbon pollution from power plants, steel plants, ship makers, and large universities. The final details are still to be worked out, but the latest draft regulations would: cover around 60 percent of the country's global warming pollution by requiring limits on all facilities that produce more than 25,000 tons of carbon dioxide a year – around 500 facilities will be covered by the program; establish a penalty for non-compliance at three times the prevailing market price with a maximum of around $89 per ton; and give 95 percent of the allowances away for free in the first three years with some trade-oriented industries received a full 100 percent. This is an increase from 90 percent which was in earlier versions of the regulations."

As per the first linked article on South Korea, it says that industry vehimently opposed this legislation. The goal of this legislation is to reduce the country's emission rates to 4% below the 2005 levels. This is all set to take place by 2015. Again I am downright ashamed of America, not only for lacking to pass a similar measure, but by the outsourcing of jobs to both of these places and elsewhere which made the need for such legislation in the first place!